Meta Description: Crypto analyst Jussy predicts Bitcoin could drop below $30,000 due to similarities with the 2022 bear market. The current structure featu
Title: Analyst Forecasts Further Bitcoin Losses as Cryptocurrency Approaches Potential Bear Market Bottom
Lead:
Crypto market analyst Jussy has warned that Bitcoin could experience a significant price drop, reaching a bottom below $30,000 before any potential reversal to the upside. The forecast is based on the current structure of the Bitcoin market, which closely resembles the bear market seen in 2022.
Analysis and Comparison to 2022 Market Cycle:
- Jussy's analysis reveals a predominantly bearish trend in the current Bitcoin structure, with price behavior nearly identical to that of the 2022 cycle following a double top formation and a bear flag pattern.
- In 2022, Bitcoin first printed a double top near the upper resistance zone above $60,000 and later collapsed by 38.96%, erasing approximately $11,095 in market value.
- The current Bitcoin cycle is now reproducing the same bear market structure seen in 2022 almost identically, with a double top pattern formed above the $120,000 region in 2025.
Consolidation and Potential Price Targets:
- After the initial drop below the key horizontal level near $74,321, Bitcoin entered a consolidation phase that closely resembles the 2022 bear flag.
- Jussy projects another corrective move of approximately 38% from the former support level around $74,320, potentially driving Bitcoin’s price down to roughly $46,199.
- However, the analyst also predicts an even deeper decline to $28,301, marking BTC's price bottom before any meaningful recovery takes hold.
Methodology:
- Jussy's analysis is based on chart comparison and percentage decline from the 2022 breakdown.
- The forecast does not guarantee future market behavior and should be used for informational purposes only.
- This article is for information only and does not constitute investment advice or an offer to invest.
Source: Crypto market analyst Jussy, Chart from Tradingview.com; Featured image created with Dall.E.
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